Biomaterials Market - Global Industry Analysis and Forecast to 2020
Persistence Market Research
Biomaterials Market - Global Industry Analysis and Forecast to 2020
Persistence Market Research
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Biomaterials Market - Global Industry Analysis and Forecast to 2020 Persistence Market Research Released New Market Report on “Biomaterials Market - Global Industry Analysis and Forecast to 2020”.
Biomaterials are combination of substances, synthetic or naturally derived, used in medical applications such as replacement of tissue and organ transplantation. Majority of biomaterials used in humans are synthetic polymer, as it minimizes the threat of disease transmission. Biomaterial minimizes debris generation and its biocompatible chemical composition, avoids adverse tissue reaction. Biomaterials assist to replace damaged tissue and improve body functions. Biomaterials are used for aesthetic and medical conditions. Damaged physically soft and hard tissues, due to pathological conditions are replaced with biomaterials, to increase the life expectancy of a patient. Biomaterials are effectively used for the treatment of tissue damage, dental problems, cardiovascular and orthopedic injuries, and bone cancer. The range of applications for biomaterials are immense; it includes ocular lenses, dentures, artificial skin, vascular grafts, artificial hip joints and substitute heart valves.
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North America and the Europe dominates the global market of biomaterials due to increasing prevalence of aging population, reimbursements offered by insurance companies and high adoption rate of medical implants. In addition, rising government investments on biomaterial sector is also driving the growth of biomaterials market in North America. Asia is expected to show high growth rates in the next five years in global biomaterials market. Some of the factors driving the growth of biomaterials...